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Increasing Demand for Ahmedabad Apartments

Ahmedabad, the city marked by prominent developments in the state of Gujarat is also amongst the most famous metro cities of India. Hence the properties in Ahmedabad have a good demand and are among the top saleable real estate searched by the investors for profitable investments. Though there are different options in Ahmedabad available for these investors to consider, apartments remain their first priority.

Talking about an Ahmedabad apartment, it is the most affordable property in the city which is accessible even to a common man with an average income. Moreover the facilities offered by the modern flats in apartments is creating craze among the middle-class sections to turn over to apartments rather than the small independent homes. Hence the demand for apartments in Ahmedabad retains in spite of all the odds in the real estate sector of the city.

Amdavadis are luxury lovers. They like living in luxury but it is for their conservativeness that they tend to spend less all the time. Hence luxurious and affordable properties are the constant demand among the local property buyers of Ahmedabad. This is yet another reason that affordable homes like flats in apartments of Ahmedabad are on demand.

Having talked about the local investors, let us now have a look on the Ahmedabad property investments by the non residents situated abroad. Ahmedabad is one of the top destinations in India when it comes to NRI investments. There is such a huge population of Gujaratis catered across various nations in the world. Ahmedabad, the core commercial center in the state of Gujarat remains the priority of these NRGs looking to invest in properties back in home country. Ahmedabad is the destination for the NRGs abroad who are looking to buy a property in their home country for future settlement. Earlier it was the luxurious bungalows, villas or independent homes that were the main targets for these international property buyers. But however with changing trends of construction and introduction of posh bungalow style amenities and facilities in apartments NRGs are now opting to investment in posh flats in happening areas of Ahmedabad. Hence the demand for apartments in Ahmedabad is on its highest ever.

The increasing demand for apartments has compelled the property builders in Ahmedabad to come up with apartment schemes. As a result today there are number of apartment projects going on, on the verge of construction and yet being planned in the city. Satellite, Vastrapur, C.G Road, Bopal, Paldi, Thaltej, Areas near S.G Highway like Prahlagnagar, Ramdev Nagar etc are among the top areas of Ahmedabad where the best apartment schemes with posh facilities are situated. Apartments in these parts of the city are in best demand among the local as well as the NRG property buyers because of the exclusive specifications and features found in the apartments situated here as compared to other parts of the city. Suburbs like Naroda, Bapunagar, Vatva etc remain the ideal ones for the low budget investments. The medium sized low budget flats in 1 & 2 BHK apartment schemes are the best selling properties for sale in this part of the city. Hence whether it is the posh western side of Ahmedabad or the suburbs, it’s the apartments that are in demand everywhere.

This article has been written by working with Pacifica Companies. Pacifica Companies is a US based real estate company known for its world-class construction projects across US and India. Various innovative residential and commercial projects like apartments, township homes, bungalows, villas, IT parks, mixed use projects and commercial buildings complete the diverse portfolio of the builder.

 
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